J. Kyle McVey - Aug 16, 2023 Form 4 Insider Report for FIRST FINANCIAL BANKSHARES INC (FFIN)

Role
EVP, Chief Accounting Officer
Signature
By: Michelle S. Hickox Attorney in Fact for J. Kyle McVey
Stock symbol
FFIN
Transactions as of
Aug 16, 2023
Transactions value $
-$2,835
Form type
4
Date filed
8/18/2023, 04:42 PM
Previous filing
Nov 3, 2022
Next filing
Oct 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIN Common Stock Tax liability -$2.83K -96 -0.73% $29.53 13K Aug 16, 2023 Direct F1
transaction FFIN Common Stock Award $0 +1.47K +11.25% $0.00 14.5K Aug 16, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIN Employee Stock Option, Right to Buy Award $0 +5.16K $0.00 5.16K Aug 16, 2023 Common Stock 5.16K $29.53 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected, in accordance with the Registrant's 2021 Omnibus Stock and Incentive Plan, to exercise his right to have the Registrant withhold 96 shares of the Registrant's common stock to pay income taxes related to vesting of previously granted restricted stock units.
F2 Reflects grant of restricted stock units (RSUs) which vest in three approximately equal installments on each of the three anniversaries of the grant date.
F3 The options vest 33.33% after one year from the grant date, 66.66% after the second year, and 100% after the third year.